Report: FTX's Bankman-Fried to Agree to US Extradition

Image copyright: Reuters

The Spin

Narrative A

According to the government's account, Bankman-Fried's corruption was baked into FTX's processes from the very start of its operation. Whether he was dishonest, deluded, or both, the US government needs to conduct the most thorough investigation and prosecution of this fraudulent crypto billionaire.

Narrative B

Among the charges that Bankman-Fried faces are those of campaign finance violations going up to tens of millions of dollars. These donations went to the highest level of leadership in both the Democratic and Republican parties, which begs the question: did these political elites know where their high-dollar donations were coming from? And what will happen to all that money?


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